Samsonite Seeks Shareholder Backing for CEO RSU Grant and Dual-Listing Mandate Renewal
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Samsonite International SA plans to seek shareholder approval for a US$7.54 million restricted share unit grant to CEO Kyle Francis Gendreau, equating to 500% of his 2026 base salary. The proposal includes a dual-listing mandate renewal on a U.S. stock exchange, with changes effective only if the listing proceeds. Additionally, the company aims to extend its mandate to issue new shares for the dual listing through the 2027 annual meeting. The latest analyst rating for Samsonite stock is a Buy with a price target of HK$26.00.
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